Banking And Finance

RBI eases forex exposure rules, giving banks more room to trade

Mumbai: The (RBI) on Wednesday revised the way banks calculate and report their . The revised rules do away with the separate calculation of onshore and offshore net open positions…

Senior citizens can now earn up to 7.95% on FDs as Bandhan Bank revises deposit rates | Check tenure and other details

Senior citizens looking for higher fixed deposit returns have received some good news. Bandhan Bank has raised interest rates on select FD tenures by up to 20 basis points, taking…

Listed pvt firms return to double-digit sales growth in FY26, led by manufacturing rebound: RBI

of returned to double digits in the , after remaining in the single digits for the last two years, aided by growth in the , according to the . At…

Earning 15 LPA? Here’s how much you can save in taxes in new and old regime

For years, a salaried employee earning ₹15 lakh a year had a straightforward tax strategy. Maximise investments, buy health insurance, contribute to the National Pension System (NPS), claim House Rent…

Market

Reliance Industries share price to be in focus on Thursday. Here’s why

Shares ofare likely to attract investor interest in Thursday’s trade, June 25, after the company said its wholly owned step-down subsidiary, Karkinos Healthcare, has completed HPV DNA screening for over…

Has the SpaceX correction created a buying opportunity? Expert says, ‘stock will be volatile by nature but…’

After wiping out more than $600 billion in value in three days, SpaceX’s sharp correction has sparked debate among investors: Is this a rare buying opportunity or a warning sign?…

G-Secs rally on RBI Governor’s rate hike comments; Brent crude oil price fall also lends support

Government securities (G-Secs) rallied on Wednesday as RBI Governor Sanjay Malhotra said it is premature to talk about a rate hike and Brent crude oil price fell to below $76…

Knack Packaging to raise ₹440 crore via IPO

Knack Packaging plans to raise ₹440 crore through an initial public offering (IPO). The issue will open for anchor investors on June 30 and for others on July 1. The…

Market

Adani Group bribery case: Lawyer urges US court to dismiss charges

8 * Adani was charged in ‌2024 ⁠with agreeing to bribe Indian government officials ⁠so a subsidiary of his Adani Group could win approval to develop a solar plant, and…

Solar rooftops slash household power bills to zero in Kerala, Rajasthan

The Centre’s flagship rooftop solar programme is beginning to deliver on its promise of sharply reducing household electricity costs, with Kerala and Rajasthan emerging as the leading States where a…

RBI might have just handed Tata Sons a leeway on listing

In what could provide a breather for , the holding company of the Tata Group, the Reserve Bank of India (RBI) has seemingly removed a contentious definition of indirect public…

ED accuses Rajesh Exports of FEMA violations, ‘significant departures’ from trade norms

A day after pan-India searches at premises of Rajesh Exports Ltd, the Enforcement Directorate (ED) on Wednesday accused the gold refiner and jewellery manufacturer of indulging in “significant departures” from…
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Axis

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